Saudi Arabia has secured the top position in the MENA region in the StartupBlink 2026 startup ecosystem index, marking a significant milestone in its regional and global entrepreneurial ambitions. The Kingdom also ranked first among G20 nations for startup ecosystem growth and led the region in both the overall startup environment and artificial intelligence technologies.
The latest report, which analyzes startup ecosystems in over 120 countries and 1,500 cities, saw Saudi Arabia jump ten places to rank 28th globally. This climb is attributed to an evolving regulatory environment, increased investment activity, and a surge in entrepreneurial drive, largely propelled by the Kingdom’s Vision 2030 agenda.
Quick Facts
- Ranked #1 in G20 for ecosystem growth
- Global rank jumped 10 spots to #28
- Riyadh achieved highest growth globally at 117%
Riyadh’s 117% Growth Spurt
The Saudi capital, Riyadh, was a standout performer, earning the title of “City of the Year 2026” after recording the highest growth rate of 117% among all 1,500 cities analyzed. This performance pushed Riyadh to 42nd place globally and secured its spot as the top-ranked city in the region.
Among the capitals of G20 countries, Riyadh now stands at 11th place for the growth of its startup ecosystem, solidifying its position as a key hub for innovation and investment in MENA.
The Vision 2030 Engine
Officials credit the strong results to a combination of government support and private sector collaboration. Ibrahim Niaz, CEO of the National Technology Development Program (NTDP), stated that the rankings reflect the “continuous support from the leadership and the ambitious vision of the Kingdom.” He highlighted the integrated efforts between government bodies, private entities, investment funds, and entrepreneurs as crucial drivers of this success.
The NTDP has played a direct role by attracting international tech companies to the Saudi market, supporting the establishment of startups across 29 countries, and facilitating the relocation of more than 40 founders and CEOs to the Kingdom.
About The National Technology Development Program (NTDP)
The National Technology Development Program is a Saudi government initiative operating under the Ministry of Communications and Information Technology. It aims to accelerate the growth of the Kingdom’s technology ecosystem in line with Vision 2030. The program focuses on attracting global tech firms, supporting local startups, and fostering a competitive environment for entrepreneurs and investors in Saudi Arabia.
Source: Jawlah
